$3,577

Avg. Federal Grant

$6,983

Avg. Federal Loan

$559,384

Total Aid Awarded

Arlington Baptist University (ABU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$559.384K

Financial Aid Official Website

https://abu.edu

Such schemes include Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. As many as 97% of the students at ABU get some sort of financial aid, and the total amount of assistance/loans provided is more than $931,667 in a year. At ABU, the total percentage of applicants who receive the Federal Grant stands at 56%. In comparison, 87% of the students are awarded the Student Grant, 54% get the Institution Grant, and 56% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,557. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At ABU, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

N/A

Institution Grant Aid

35%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$3,577

State Grant Aid

N/A

Institution Grant Aid

$2,544

Pell Grant

$3,577

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,772

$30,001 - $48,000

$4,961

$48,001 - $75,000

$3,717

$75,001 - $110,000

$3,377

Over $110,000

N/A

Student Loans for Arlington Baptist University (ABU)

Average Loan Amount Average Loan Amount received per year.

$8,492/Year

Students Taking Out Loans

91%

Loan Default Rate

15.6%

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